Dolphin CEO buys 3,100 shares in open market
Dolphin Entertainment, Inc. Chief Executive Officer William O'Dowd IV bought 3,100 shares of common stock in an open-market purchase at a weighted average price of $1.57 per share, with trade prices ranging from $1.47 to $1.65.
Rhea-AI Filing Summary
Dolphin Entertainment, Inc. Chief Executive Officer William O'Dowd IV bought 3,100 shares of common stock in an open-market purchase at a weighted average price of $1.57 per share, with trade prices ranging from $1.47 to $1.65.
Following the transaction, he holds 456,290 shares directly, plus 54,535 shares indirectly through Dolphin Entertainment, LLC and 62,106 shares indirectly through Dolphin Digital Media Holdings LLC, both described as wholly owned entities.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Buyer: 3,100 shares
Net Buy
3 txns
Insider
O'Dowd William IV
Role
Chief Executive Officer
Bought
3,100 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,100 | $1.57 | $5K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 456,290 shares (Direct);
Common Stock — 54,535 shares (Indirect, By Dolphin Entertainment, LLC);
Common Stock — 62,106 shares (Indirect, By Dolphin Digital Media Holdings, LLC)
Footnotes (3)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.47 to $1.65, inclusive. The reporting person undertakes to provide to Dolphin Entertainment, Inc., any security holder of Dolphin Entertainment, Inc or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote (1) to this Form 4.
- F2. Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV.
- F3. Dolphin Digital Media Holdings LLC is an entity wholly owned by William O'Dowd IV.
Key Figures
Shares purchased: 3,100 shares
Weighted average purchase price: $1.57 per share
Price range of trades: $1.47–$1.65 per share
+4 more
7 metrics
Shares purchased
3,100 shares
Open-market purchase of common stock on 2026-03-30
Weighted average purchase price
$1.57 per share
Average across multiple trades between $1.47 and $1.65
Price range of trades
$1.47–$1.65 per share
Range for the multiple purchase executions reported in footnote
Direct holdings after transaction
456,290 shares
Direct ownership of common stock following the purchase
Indirect holdings via Dolphin Entertainment, LLC
54,535 shares
Indirect ownership through entity wholly owned by O'Dowd
Indirect holdings via Dolphin Digital Media Holdings LLC
62,106 shares
Indirect ownership through another wholly owned entity
Net buy shares in period
3,100 shares
Transaction summary net-buy figure for reported date
Key Terms
open-market purchase, weighted average price, indirect ownership, wholly owned, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for the 3,100-share buy"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"direct_or_indirect: "I" with nature of ownership by LLC entities"
wholly owned financial
"Dolphin Entertainment, LLC is an entity wholly owned by William O'Dowd IV."
Form 4 regulatory
"set forth in this footnote (1) to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Dolphin Entertainment (DLPN) CEO William O'Dowd IV do in this Form 4?
William O'Dowd IV purchased 3,100 shares of Dolphin Entertainment common stock in an open-market transaction. The shares were acquired at a weighted average price of $1.57, with individual trade prices ranging from $1.47 to $1.65 during the same trading day.
What indirect holdings in Dolphin Entertainment (DLPN) does the CEO report?
He reports 54,535 shares held indirectly through Dolphin Entertainment, LLC and 62,106 shares held indirectly through Dolphin Digital Media Holdings LLC. The footnotes state that both entities are wholly owned by William O'Dowd IV, indicating additional beneficial exposure beyond his direct shareholdings.
What does the weighted average price note mean in the Dolphin Entertainment (DLPN) Form 4?
The note explains that the reported $1.57 price is a weighted average across multiple trades between $1.47 and $1.65. The CEO undertakes to provide detailed breakdowns of share quantities at each individual price level upon request to the company, shareholders, or SEC staff.
AI-generated analysis. How Rhea-AI works. Not financial advice.
